Blockquote
Because of the voting mechanism that is currently running that it is impossible to transparently display whether the person behind the ID is a Firo responsible-investor or an enemy.
Let masternode holders vote to decide. No need to express any objections in the community, waste time making unnecessary arguments, directly vote down if disagree,the forum will have a new look.
Writing the above comment, one masternode only $3,000,
Anyone in the forum who says that he is a small investor who needs to be protected, if have confidence in Firo, are a responsible investor, you can afford one masternode to vote for your opinion
I personally would agree that having voted done by people who own a MN maybe is the right thing to do just like Dash as it shows some kind of commitment to the project.
However, first anyone can set up a MN to vote and then take it out. I’ve seen this happening g in Dash when important things are proposed.
Second, unfortunately having MN vote could be dangerous as if you have whales controlling lots of MN they can pretty much vote for wherever they wish for with YES/NO and go their way.
It’s not as simple as it seems from the outside. It needs a thought process and right execution.
Finally, to say $3000 is not a lot of money is little foolish. $3k is actually quite a lot of money especially for ordinary folks around the world.
Don’t worry about that the whales will influence the result. If the result is not good, those whales will lose very much. So they have to vote siriously. We should welcome more whales to join
Well, it doesn’t work like that. Just look how governments and super rich people decides what is best for them, using system for their selfish benefit and doesn’t care about benefit of normal people.
It is a tempting suggestion. The old dash code is there.
But more thought is required:
Does everyone forget Tim so quickly. He was a whale with a high percentage of master-nodes at that time along with his followers. He tried to take over the coin and change it to fit his personal requirements.
When he did not get what he wanted he dumped and dumped and tried to destroy the coin
Who should vote: someone with ‘skin in the game’ such as long term node holder. But again this can be gamed over time.
One coin one vote is a non-starter IMHO. Buy coin, vote, sell coin does not show any sacrifice/opportunity cost.
Long term investors must have the right to decide project decision because they have the full risk holding coins for long time so, they believe in project and their profit is profit also for project, they have risk on their shoulders.
I do not know about Tim but if he is a long term investor then he have the right to decide about project decesions. It is fair to think like that “no risk no gain no decesions” .
Indeed, I have to admit that TIM has taken XZC to a very high level and made many people realize that XZC, although you have been advocating that price doesn’t matter, isn’t most people in the world attracted by price fluctuations and spikes? BTC, ETH and DOGE have established their positions just because their prices have been rising. No one will pay attention to such a small currency with such a low price. What Tim wants to do is indeed for interests, but does it bring more fame and investors to the currency at the same time? Since Tim left, we haven’t seen the coin flourish, the opposite team is miserable, the investors are gone, and everyone is miserable.
Without a good represetative voting system we can not reach good decisions for project. So a good representative voting system is a necessity at first, then we can move forward about project general decesions.
翻译」按钮。